Built for the wheel strategy

Track your wheel. Grow your income.

Track cash-secured puts and covered calls, then follow your whole portfolio — dividends, earnings and performance — in one free app that can sync straight from your broker.

  • Free forever — no card required
  • Optional read-only broker sync
  • Bilingual — English & Français
YieldCove dashboard showing monthly and yearly wheel income, win rate, capital deployed, an income calendar and a notes panel

Free

Core tracker, calculator & journal

Wheel + Invest

Two workspaces in one free app

Auto-sync

Broker imports & live quotes

EN / FR

Fully bilingual

The toolkit

Everything you need to grow your income

Purpose-built for the wheel — with a full Invest workspace for the rest of your portfolio.

Wheel positions

Log CSPs, covered calls and LEAPS, handle assignment and rolls, and track every position by broker and account with bulk editing and CSV import.

Invest portfolio & broker sync

Track your long-term holdings alongside the wheel — multi-account, USD & CAD — with optional read-only broker sync that imports trades, cash and options automatically.

Dividends on autopilot

With broker sync, payouts are recorded automatically on pay dates — plus a 12-month projection calendar, portfolio yield, yield on cost and per-holding income.

Options calculator

Model premium, yield and assignment with a live payoff diagram, the Greeks and probability of profit before you place the trade.

Income dashboard

Calendar, heatmap and cumulative charts, plus monthly income goals and assignment-risk tracking — filterable by account, strategy and broker.

Earnings calendar

Upcoming earnings across the market with your tickers highlighted — set reminders or export to your calendar so a report never blindsides a position.

Live watchlist

Track your tickers with real-time quotes and set price alerts for the strikes you care about.

Trade journal

Capture the why behind every trade and review your decisions with honest, searchable notes.

Exit planner

See the annualized ROI of closing any open position early at a target buy-back price, so you know exactly when to take profits.

Premium signals

Subscribe to get our structured buy/sell option signals in a live feed, with instant alerts.

Wheel Academy

Learn the wheel from beginner to expert — 45 bilingual lessons with interactive widgets, quizzes and a completion certificate.

Community chat

Talk strategy in real time with other premium sellers in a members-only chat, plus branded cards to share your wins.

New · Invest workspaceFree

Your whole portfolio, on autopilot

The free Invest workspace tracks your long-term accounts alongside the wheel — USD and CAD, options included. Connect your broker for automatic read-only sync, or keep logging manually: either way you see performance, dividends and risk in one calm place.

  • Read-only broker sync via SnapTrade — trades, cash & dividends import automatically
  • Dividends recorded on pay dates, with a 12-month projection calendar
  • Earnings calendar with reminders, performance tracking, allocation & risk
Start tracking free
PortfolioDividendsEarnings

Total value

$48,910

+$312 today

  • AAPLApple24 sh$5,102+0.8%
  • SCHDSchwab Dividend ETF210 sh$5,899+0.3%
  • MSFTMicrosoft12 sh$4,981−0.4%
  • Cash · USD & CAD$3,140
Next dividend — SCHD · ~$74AAPL earnings soon · reminder set
Example data
A closer look

The whole wheel, in one app

Click through the product. Every screen is the real YieldCove.

Your income at a glance

Monthly and yearly premium, win rate, capital deployed, income goals and assignment risk — one calm view, filterable by account and broker.

YieldCove Dashboard screenYieldCove Positions screenYieldCove Transactions screenYieldCove Exit Planner screenYieldCove Watchlist screenYieldCove Calculator screenYieldCove Invest screenYieldCove Dividends screenYieldCove Earnings screenYieldCove Signals screenYieldCove Academy screenYieldCove Community screenYieldCove Share screen
The strategy

The wheel, in three steps

Sell premium, get paid, repeat — YieldCove tracks every turn.

1

Sell a cash-secured put

Pick a stock you'd happily own, sell a put below the price, and collect the premium up front.

2

Collect premium or get assigned

If it expires worthless you keep the cash. If assigned, you own the shares at a discount.

3

Sell covered calls

Sell calls against your shares for more premium until they're called away — then start again.

Then repeat the cycle
Spreadsheet vs YieldCove

Your spreadsheet was never built for this

The wheel moves assignments, rolls, collateral and premium all at once. A purpose-built tracker beats a general-purpose grid.

The spreadsheet

  • Formulas you maintain by hand
  • Assignments and rolls break your rows
  • Hand-typed prices, stale by lunchtime
  • Dividends you forget to record
  • No idea what your capital is really earning
  • One typo — silently wrong numbers
  • Sunday-night data entry

YieldCove

  • Annualized ROI computed on every trade
  • Assignment, rolls & called-away lots handled
  • Live quotes and price alerts
  • Trades, cash & dividends sync from your broker
  • Win rate, capital deployed & income goals
  • Every cash event reconciled to a running balance
  • Log a trade in about ten seconds
Make the switch — it's free
Premium · Wheel AcademyPRO

From your first put to a full income system

A complete, structured course — 45 lessons across 7 modules — that takes you from options basics to managing assignment and rolls, with interactive tools and real-dollar examples. Earn a certificate when you finish.

  • 45 lessons, 7 modules — beginner to expert
  • Interactive payoff, Greeks & probability widgets
  • Fully bilingual EN/FR with a completion certificate
Explore the Academy
YieldCove Wheel Academy course home with module progress, a continue card and a completion certificate
PremiumPRO

Structured trade ideas, tracked live

Our desk publishes wheel setups — strike, premium, annualized ROI and a clear risk note — then tracks every one to a realized win rate you can actually see. Informational, never advice.

  • Entry, premium & annualized ROI on every card
  • Live feed plus a closed track record in one place
  • Mobile alerts the moment a new signal posts
Explore Signals
YieldCove premium Signals feed with AAPL, MSFT and NVDA trade ideas and a mobile alert

From the founder

“I ran my wheel in spreadsheets for years. They told me what I'd sold — never what my capital was actually earning, or when to take profits. So I built the tool I wanted as an engineer and needed as a trader. My own money runs through YieldCove every single day.”

Eddie

Founder — engineer, a decade in the markets, five years running the wheel

Closed Signals trades show their realized P/L on the feed — wins and losses alike.

Read Eddie's story
PremiumPRO

Trade signals with a track record you can check

Our desk publishes real cash-secured put and covered-call signals — strike, premium, projected ROI, the lot — then tracks every single one to a realized result. Here's exactly what a subscriber sees, and the live scoreboard behind it.

0%

Win rate

$0

Realized P/L

0

Closed trades

0%

Avg annualized

Example signal
TSLATesla Inc.NewSellCSP
Opened Jul 27, 202628 DTEOpen
Strike
$300
Premium
$9.80
Capital
$30,000
Expiration
Aug 31, 2026
Time in tradeDay 8 of 35
Monthly ROI
3.5%
Annualized ROI
42.6%
Yield: 3.3%Breakeven: $290.20

Projected premium yield if held to expiration — not a guarantee.

8.7% OTM
Underlying: $328.50Strike: $300

Selling the 300 put after the pullback — roughly 9% of downside cushion above major support.

High-IV name — expect swings and size the position accordingly.

Example signal
NBISNebius GroupSellCSP
Opened Jun 30, 2026·Closed Jul 30, 2026Closed
Strike
$170
Premium
$6.40
Capital
$17,000
Expiration
Jul 30, 2026
Realized P/L
$640.00
Realized ROI
3.8%
Annualized ROI: 44.3%Held 31d

Expired worthless — full premium captured.

20 live signals open right now·members only

Wins and losses included — nothing cherry-picked. Educational only, not financial advice.

Pricing

Simple, honest pricing

Start free. Add Signals when you want an edge — founding members keep today's price for life.

Tracker

Freeforever

Everything you need to track the wheel and your portfolio.

  • Unlimited positions, journal & CSV import
  • Invest portfolio — broker sync, automatic dividends & earnings calendar
  • Options calculator with payoff chart & Greeks
  • Live watchlist & price alerts
  • Income dashboard, exit planner & cash ledger
  • Branded share cards for X & Instagram
Create free account
Most popular

SignalsPRO

$4.99/month

or $49.99/year · everything in Tracker, plus:

Founding price — yours for life. Pricing rises for new members as YieldCove grows. Join today and your rate never goes up.

  • Premium signals feed with instant alerts
  • Wheel Academy — 45 lessons & certificate
  • Members-only community chat
  • Living ticker research reports with verdicts & wheel-fit scores
  • Cancel anytime
Subscribe

Prices in USD. Your rate stays locked for as long as your subscription is active — and your tracker data is never locked behind the paywall.

FAQ

Frequently asked questions

Everything you need to know before you start.

Is YieldCove really free?

Yes. The wheel tracker, calculator, journal, watchlist and the entire Invest workspace — broker sync included — are free forever, no card required. Only the optional Signals subscription is paid.

What are Signals?

Structured buy/sell option ideas from our desk, delivered in a live feed with instant alerts. They're informational only, not financial advice.

What exactly does the paid plan include?

Everything in the free tracker, plus the premium Signals feed with instant alerts, the full 45-lesson Wheel Academy with certificate, the members-only community chat, and living ticker research reports. Cancel anytime.

Will the price go up?

For new members, yes — as Signals, the Academy and the community keep growing, the subscription price will rise. Existing members keep the rate they joined at for as long as their subscription stays active. That's the founding-member promise.

Which strategies are supported?

Cash-secured puts, covered calls and LEAPS — with assignment and rolling handled, plus a dedicated shares view and a full Invest workspace for long-term buy-and-hold positions.

Can I track my long-term portfolio too, not just the wheel?

Yes — the free Invest workspace tracks your buy-and-hold accounts alongside the wheel, in USD and CAD. With broker sync, dividends are recorded automatically and projected over the next 12 months, an earnings calendar highlights your tickers with reminders, and performance and allocation views show what your capital is really doing.

Do I need to connect my broker account?

Only if you want to. Optional read-only sync (powered by SnapTrade) imports your trades, cash and dividends automatically — YieldCove never sees your login and can never place trades or move money. Prefer manual? Logging a trade takes seconds and CSV import works just as well.

Can I cancel anytime?

Yes. Manage or cancel your subscription anytime from the billing portal; access continues to the end of the period.

Is this financial advice?

No. YieldCove is for informational and educational purposes only. Options trading involves substantial risk of loss.

Free forever

Start tracking your wheel today

Free to start. Founding members lock in today's Signals price for life.

Create your free account

Free wheel-income tips

Get the weekly Wheel-Income Digest

One short email a week — real wheel trades, the annualized-return math, and product updates. No hype. Unsubscribe anytime.

Educational only — not financial advice.